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U.S. retailers have announced more than 7,100 store closures through the end of November 2024, a 69% jump from the same time last year, according to recent data from research firm CoreSight.
On February 27, 2024, Macy's announced that it would be shuttering 150 locations by 2026, roughly 30% of its total store amount, to focus on small-format stores and an expansion of both Bloomingdale's and Bluemercury. 50 locations were initially set to close in 2024 alone, and the iconic flagship location in San Francisco's Union Square was ...
In 2017 and 2018, retailers closed a combined 13,400 stores, according to Coresight. Retailers closed a record 9,800 stores in 2019. Payless, Gymboree, Charlotte Russe and Shopko all filed for ...
But Best Buy is making plans to close 10 to 15 stores in 2025. As of late 2024, Best Buy had more than 1,000 stores across the country. As part of its strategy, it plans to experiment with new ...
Macy’s is closing more than five dozen store locations across the United States as part of the company's ongoing reorganization strategy.. The retailer confirmed Jan. 9 that it was shuttering 66 ...
Kohl's isn't the only retailer who has announced store closures recently. In December 2024, employees of Party City were told that the company was closing and at the end of February 2025, all ...
The retailer announced plans in 2021 to shutter nearly 900 stores between 2022 and 2024. Here are the details on this year's closures. CVS Is Closing Hundreds of Stores by the End of 2024
Macy's plans to close 50 stores in 2024 and 150 locations in total by 2026. ... While the brand has not yet released a full list of the Macy's stores that are closing, ... California. San Leandro ...